Solar Panel Cost Guide in Kearney, MO (2024 Update)
- Kearney Solar Installation Cost: $17,135
- 25-Year Savings: $19,766
- Payback Period: 13.0 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Kearney
Find out what the average cost of solar panels are in Kearney.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Kearney, the typical cost of a solar system is 3 per watt.Since a 7.3-kW system is needed to cover the energy needs of a typical home in Kearney, the average price of going solar will be about $17,135 after claiming the federal solar tax credit of 0.
Bear in mind that the figures above are only estimates based on the average energy use of Kearney homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.But, after you've paid the initial cost of installation, the ROI for most homeowners is typically good, with a net average savings of about $17,000 over 20 years on power bills.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Kearney
| Year | Return on Investment |
|---|---|
| 1 years | $-15,749 |
| 3 years | $-12,976 |
| 5 years | $-10,204 |
| 7 years | $-7,431 |
| 9 years | $-4,659 |
| 11 years | $-1,886 |
| 13 years | $887 |
| 15 years | $3,659 |
| 17 years | $6,432 |
| 19 years | $9,204 |
| 21 years | $11,977 |
| 23 years | $14,749 |
| 25 years | $17,522 |
Top Solar Installers in Kearney
Although you can install solar panels yourself, it takes extra energy and expertise. That's why most homeowners choose to go with a solar panel installer. Some solar installers, particularly local ones, can help you make the most of incentives in Kearney, therefore optimizing your ROI.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Kearney
Factors that Affect Solar Panel Costs in Kearney
There are several factors that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $3,370. There are a lot of different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That’s why many Kearney homeowners decide to finance their solar panel systems to make going solar more affordable.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Kearney is the company you hire to install your solar system. Similar to choosing a company to renovate your kitchen, for example, there’s no shortage of solar installers that offer a range of services at different price points.Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and decide on the company that provides the products, warranties and services you want and also is within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.50 | $14,720 | $12,485 | 13.5 years |
| 8 kW | $3.44 | $19,249 | $17,024 | 13.3 years |
| 10 kW | $3.37 | $23,590 | $21,752 | 13.0 years |
| 12 kW | $3.30 | $27,742 | $26,669 | 12.7 years |
| 14 kW | $3.24 | $31,705 | $31,774 | 12.5 years |
| 16 kW | $3.17 | $35,479 | $37,068 | 12.2 years |
| 18 kW | $3.10 | $39,065 | $42,551 | 12.0 years |
| 20 kW | $3.03 | $42,462 | $48,223 | 11.7 years |
How to Save on Solar Panels
The solar company you opt for will affect not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should keep in mind, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to do the job well. Another way you can verify your installer’s reputation is by reading reviews.
- Installation Process: When making the switch to solar energy, it’s crucial to keep an open line of communication with your solar panel company. See to it that you understand how the installation process will go and the project completion timeline.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Contract: Read the contract terms carefully to make sure you understand how much it will cost, project completion timeline rebates and warranties.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Kearney, MO Solar Cost FAQs
How much does it cost to install solar panels in Kearney?
This is a hard question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $16,850 for a 5-kW system and $33,700 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Kearney?
A solar panel system isn’t free in Kearney, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is switching to solar power worth it?
Solar panels can be a beneficial investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using them at a lower efficiency.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.